ICICI Bank may ask independent directors to chair board meetings
The bank has government nominee Lok Ranjan on the board, who has not attended a single meeting since his appointment in April
)
premium
ICICI Securities, an arm of private sector ICICI Bank, has already set in motion the plan to launch an IPO
With ICICI Bank chairman M K Sharma set to retire at the end of this month, the bank is considering asking independent directors to chair board meetings till a new chairman is appointed.